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Marcus & Millichap is pleased to present for sale this Wendy's Restaurant with Drive Thru located at 934 Dolly Parton Parkway in Sevierville, Tennessee. Sevierville is a short 30 minute drive from Knoxville and is located in the Knoxville Metro Area. Sevierville is a city in East Tennessee with The Great Smoky Mountains National Park to the South with its beautiful forest trails and water parks. It is well known as the hometown to singer Dolly Parton. As a town situated along the Dolly Parton Parkway, Sevierville has reaped the benefits of the burgeoning tourism industry brought about by the development of the Great Smoky Mountains National Park. This Wendy's Restaurant is located at the hard corner signalized intersection of Dolly Parton Parkway and Veterans Blvd with Traffic Counts Exceeding 60,721 Vehicles per day. Only three minutes away from this Wendy's is LeConte Medical Center, a $120 Million Dollar hospital with advanced medical services and technologies and 79 Beds, 140 Physicians and 500 employees. The Tennessee Museum of Aviation located on the Gatlinburg-Pigeon Forge Airport is only two minutes from this Wendy's property and see thousands of tourists each year visiting the site. Only minutes from the property is The Great Smoky Mountains National Park, the most visited National Park in the United States with over 10 million visitors each year. Also in close vicinity to the property is the World-famous Dollywood Amusement Park which sees thousands of visitors each year. In 2021, Dollywood just announced plans for a $500 Million dollar expansion to the park. Wendy's is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969 in Columbus, Ohio. As of January 2019, there were a total of 6,828 locations, including 361 that are company owned. 6,467 restaurants are franchised and 77 percent of them are located in North America. (In 2016, Wendy's was the worlds third largest hamburger fast-food chain following Burger Kings 12,000 plus locations and McDonalds 31,000 locations.
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$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 2,363 | 16,384 | 31,565 | |
Population Median Age | 37 | 40 | 40 | |
Population by Age | 0-9 Yrs | 348 (14%) | 2190 (13%) | 4076 (12%) |
10-19 Yrs | 295 (12%) | 1953 (11%) | 3825 (12%) | |
20-29 Yrs | 324 (13%) | 2105 (12%) | 3965 (12%) | |
30-39 Yrs | 353 (14%) | 2148 (13%) | 3894 (12%) | |
40-49 Yrs | 350 (14%) | 2133 (13%) | 3885 (12%) | |
50-59 Yrs | 192 (8%) | 1800 (10%) | 4118 (13%) | |
60-69 Yrs | 269 (11%) | 1937 (11%) | 3768 (11%) | |
70+ Yrs | 233 (9%) | 2118 (12%) | 4034 (12%) | |
Median HH Income | $41,778 | $42,617 | $45,658 | |
Total Household Income | < 24K | 208 (24%) | 1534 (25%) | 2706 (23%) |
25-49K | 280 (33%) | 1967 (32%) | 3685 (31%) | |
50-74K | 164 (19%) | 1143 (18%) | 2285 (19%) | |
75-99K | 63 (7%) | 527 (8%) | 1336 (11%) | |
100-199K | 101 (12%) | 668 (11%) | 1327 (11%) | |
200K+ | 21 (2%) | 229 (3%) | 358 (3%) | |
Highest Education Level | No Diploma | 256 | 1838 | 3567 |
Diploma or GED | 623 | 4241 | 8117 | |
Some College | 371 | 2697 | 5173 | |
Assoc. Degree | 72 | 596 | 1460 | |
Bachelors Degree | 149 | 1398 | 2611 | |
Higher Degree | 86 | 585 | 1103 | |
Total Housing Units | 1,015 | 7,531 | 15,981 | |
--Owner-Occupied | 344 | 3,043 | 6,565 | |
--Renter-Occupied | 494 | 3,026 | 5,131 | |
Owner-Occupied Values | < 100K | 78 | 598 | 1203 |
100-199K | 103 | 985 | 2438 | |
200-299K | 117 | 861 | 1639 | |
300-399K | 28 | 276 | 667 | |
400-499K | 4 | 144 | 262 | |
500K+ | 15 | 180 | 357 | |
Total Working Age Population | 1,822 | 12,948 | 25,153 | |
In Work Force | 1,192 | 7,996 | 15,738 | |
Not In Work Force | 629 | 4,952 | 9,415 | |
Workforce Employed | 1,160 | 7,737 | 15,155 | |
Workforce Unemployed | 32 | 257 | 524 | |
Civlian Workforce | 1,192 | 7,994 | 15,679 | |
Military Workforce | 0 | 2 | 59 | |
Total Households | 838 | 6,069 | 11,696 | |
Family Households | 551 | 3,987 | 8,093 | |
Non-Family Households | 287 | 2,082 | 3,603 | |
Married Couple | 325 | 2,621 | 5,747 | |
Other Family | 227 | 1,366 | 2,346 | |
Married w/Child | 110 | 831 | 1,857 | |
Single Male w/Child | 36 | 230 | 446 | |
Single Female w/Child | 85 | 596 | 1,041 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Tennessee | 5,689,283 | +12 | 6,346,105 | +9 | 6,886,369 | +7 | 7,393,069 |
Jefferson County | 44,294 | +16 | 51,407 | +7 | 54,900 | +6 | 58,295 |
Sevier County | 71,170 | +26 | 89,889 | +12 | 100,658 | +12 | 112,912 |